Lexon Technologies Retains Headwaters MB

LA MIRADA, Calif., March 31 /PRNewswire-FirstCall/ -- Lexon Technologies, Inc. (OTC Bulletin Board: LEXO) today announced the engagement of Headwaters MB, a leading middle market investment bank.  Under the terms of the engagement, Headwaters MB will advise on various strategic alternatives including, but not limited to, mergers, acquisitions and private placements of debt or equity.

James Park, CEO of Lexon Technologies, states, "We are pleased to partner with Headwaters in exploring strategic alternatives to enhance shareholder value. Given their successful track record in M&A and expansive network, we feel confident Headwaters will assist us in achieving our goals."

Peter Nam, Director at Headwaters, states, "We are excited to work with Lexon in their pursuit of strategic initiatives that leverage the strength of the management team and the Company's market position."

About Headwaters MB (www.headwatersmb.com)

Headwaters MB is an independent, middle-market investment banking firm headquartered in Denver, Colorado. It provides strategic merger and acquisitions advisory and corporate finance services to privately- and publicly-owned companies.

About Lexon Technologies, Inc.

Lexon Technologies is an environmentally "Green" company, a manufacturer of recycled toner for laser printers, fax and multifunction copiers. The Company primarily services large retailers and distributors but also has a growing internet division. Lexon has over 350 product lines with product prices generally 30-60% less than original (OEM) toner cartridges. With a product defect percentage of less than 1%, Lexon also offers a 100% guarantee on all of its products.

The Company, based in La Mirada, California, (www.ptoner.com), has a 35,000 square foot factory on the premises, approximately 86 employees, and the capacity to manufacture 50,000 cartridges per month and recycles 350 different models of toner cartridges.

SOURCE Lexon Technologies, Inc.